CAPITALAND’S lodging business saw first-quarter fee income drop 9 per cent year on year to S$54.2 million, while revenue per available unit (revPAU) fell 22 per cent to S$84 from S$108 the year before, according to the group’s Q1 business update on Monday. This comes amid a standstill in… Click here for the full story.

CAPITALAND’S lodging business saw first-quarter fee income drop 9 per cent year on year to S$54.2 million, while revenue per available unit (revPAU) fell 22 per cent to S$84 from S$108 the year before, according to the group’s Q1 business update on Monday.